LSE Worth it?

IB_Chump's picture
Rank: Baboon | 114

Student in the U.S going to a non-target university. I recently got an unconditional offer to study abroad at LSE and was wondering if it's worth it to go?

From what I have heard from alumni at my school, LSE makes you stand out on your resume and helps you get rid of the "non-target curse" to some extent. However, at the same time, the con is that it gets very expensive to study abroad there, and as a first-generation student myself, my financial resources are limited.

Do you still think going to LSE is worth it? The program offered at my school is for an entire academic year only.

Comments (36)

Feb 25, 2020

Probably a top 5 candidate at my non-target if that makes any difference. Some alumni offered the advice that if my resume was strong enough then going to LSE wouldn't make that huge of a difference.

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Feb 26, 2020

Sources for the poll that made you a top 5 candidate?

Feb 25, 2020

I personally wouldn't pass up the opportunity to study abroad at a top-tier worldwide institution for a year, in London. When else are you going to get the opportunity?

Let's put #'s on it, how much will it cost you, versus what will you get out of the experience?

Feb 25, 2020

Given my financial aid and scholarships coming through, probably around $15k for the entire year. Doesn't seem like a lot but it's a pretty big burden for my family.

Feb 25, 2020

Yess. I have a friend at LSE who is doing Masters in econ and is getting good offers from BB's

Feb 25, 2020

Same for undergrad?

Feb 26, 2020

Don't know

Feb 26, 2020

It's even better for undergrad than masters. Arguable the top undergrad target in UK and maybe in Europe for undergrad up with Oxbridge, Bocconi and the French schools

  • Analyst 3+ in PE - Other
Feb 25, 2020

Is your university recognized by Europeans (have they heard of it)?

Does your university recognize credits for that study abroad year?

Feb 25, 2020

Probably have not heard of it is my guess. But yes, a full year worth of credits will transfer.

  • Analyst 3+ in PE - Other
Feb 25, 2020

If the full year will transfer, you can do a rough estimate and see if it will put significant pressure on your financial resources

LSE GC takes quite a lot of people every year. It may improve your resume but won't be very material. It is good to have experiences study abroad in Europe and travel around during weekends though.

  • Analyst 1 in IB - Gen
Feb 26, 2020

LSE is THE main feeder university of ib summer analysts and analysts in the UK and probably one of the most prestigious universities in Western Europe.

"is it recognised by Europeans?!" just check LinkedIn.

  • Analyst 3+ in PE - Other
Feb 26, 2020

Not sure if you are addressing to my comment. You may have lost your attention to detail if you are trying to reply me though

  • Analyst 1 in IB - Gen
Feb 26, 2020

Good one. Fair. Apologies!
It still stands; if you can make it work financially, it can help land great jobs in all kinds of fields!

Feb 26, 2020

I think that it can be used as a good talking point and add a different dimension to your resume. However, studying abroad at any international university can also do this. If you are going just to distinguish yourself from other candidates, it wont do that much. You are only studying abroad there, not graduating from there. My advice would be too save the money.

Feb 26, 2020

If it's for the General Course, then you'll have a good life experience but it will likely only be marginally helpful in US undergrad recruitment I think. Like someone mentioned, a nice conversation piece but I don't think it's going to move the needle much. So if you're set on going, go because you want to have a life experience that will make you more well-rounded, give you perspective, etc...

If you're going for an LSE master's in one of the finance/commercially oriented programs then obviously European recruitment is going to be awesome but it will be contingent on work visa stuff, which is going to be a big question mark for a bit I think. I spent time at LSE as a grad student and my cohort/group of friends all had pretty strong placements across banking and consulting and many are now in top VC and PE firms. I found it easy to find in-term internships and to network.

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Feb 26, 2020

It's up there after Oxbridge for IB, the networking opportunities are great, especially because you'll actually be in London.

Even including accommodation for abroad, studying in the UK is not as expensive as going to the Ivy League in the US. I'd go for it.

Feb 26, 2020

If you can afford the course and a year of living expenses of living in London (which can easily hit ~25k USD living frugall) then definitely go for it.

Most Helpful
Feb 26, 2020

Literally no one cares where you studied abroad. It's a non-factor. Zip. Zilch. It's study abroad, nothing more nothing less.

That said, it would be a fun experience. Everyone I've ever known loved studying abroad. Who knows maybe you'll be able to finagle into an internship or something while there, which could ultimately boost your chances (are study abroad students allowed to get internships?).

But if the question is as straight forward as - will studying abroad at LSE help in for US recruitment, its a resounding no.

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Feb 26, 2020

Not sure why this got MS - merely calling a spade a spade. Never in my 10+ year career being part of a resume screening have I or anyone said, oh they went to a non-target but studied abroad somewhere good.

The OP seemed concerned about money and thus was looking more towards a ROI on recruiting impact, which is what was addressed, vs a general study abroad experience, which I said would be positive.

Feb 26, 2020

Whoever threw MS at this is a moron doing OP a disservice.

Study abroad is a great experience because, hello, what months-long party isn't a great experience?

This is a bigger scam than Trump University. It doesn't matterhow good of a college LSE is, bc this ain't that. That's the whole point of the scam. They knew people would pay to have some connection to the brand. It's why Ferrari sells watches and jackets. Can't afford the car, buy some apparel instead. Can't go to LSE, pay us a small fortune and we'll let you hang out for a year and spend the rest of your life telling people at cocktail parties that you kinda sorta maybe have some loose connection to LSE.

Or you could skip the tuition and spend a year traveling around the world, have a much cooler experience, and a cocktail party story that people actually want to hear.

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Feb 26, 2020

Hey man I did the general course! It was an amazing experience and you'll meet and make friends with smart people all over the world. I'm not kidding you. Reach out to me if you have any questions.

Feb 26, 2020

hey am at LSE currently doing the same year long program. from a non target as well so PM me if you have any questions at all! would love to help, but absolutely love the program and been super helpful on extinguishing the non target "curse"

Feb 26, 2020

First I want to be clear that anything I've said on this thread is regarding full-time post-grad programs at LSE and other "extension" type programs. I am not talking about study abroad during college.

Based on the MS and other comments, it appears I've offended some grads of the LSE general post-college program. Not my intent to offend anyone. You haven't really lived as an American until you've wasted some dough on higher ed. I got a law degree, far more wasteful than a year at LSE. So I'm more guilty of the mistake than anyone. Don't take it personally

But I won't let my mistake keep me from being honest about what's going on here. Its become a joke at this point. Fancy colleges left and right are selling their name to every person at whatever price they can afford. If you only have $50 they'll sell you a sweatshirt, and if you have a couple grand they'll sell you a weekend certification that you can put at the bottom of your resume under "additional info". And if you have like $50k they'll let you spend a year there so you can hope that you're fancy-sounding master's degree will cover-up your non-target college like a piece of tape.

That's the game I see being played here. Happy to hear other perspectives.

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Feb 27, 2020

While I agree with your broader point - with study abroad you're not really paying extra in tuition -its mostly just the increased costs associated with living and traveling abroad. Typically, you pay your normal tuition to your home university, maybe a smaller program fee, then its to cost of traveling, living in a foreign place, traveling around said foreign place, etc. These aren't really cash generators either, as schools such as LSE are also sending their students to universities on exchanges as well. Very different from the total bullshit extension programs and micro degrees you referenced. Those are definitely criminal if you're going into debt for it as its even worse and more cringe worthy when someone tries to flex an ivy league extension on a resume as if the resume screener is that stupid.

I don't think it's scam or anything as you kinda eluded. Rather its paying for a life experience and as you put to party. Study abroad in London with weekend trip to Barcelona, Paris, Munich, etc. It's clearly an amazing set up for an upper middle class / rich kid.

For kids with parents fronting the bill and where money isn't an issue - one should totally study abroad. But going into debt for something that will have minimal impact if any into academics and recruitment, its clearly idiotic.

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Feb 27, 2020

Don't disagree with a word of your post but when did this become a study abroad thread? Thought the topic was one year degrees which you and I seem to agree are scummy. Check out the comment above mine where the commenter is an LSE student who practically admits the purpose is to put a nicer wrapper on a non-target college degree.

  • Intern in IB-M&A
Feb 27, 2020

I studied abroad there! It won't help you break into industry if you are targeting the US. It's also difficult to break into UK IB recruiting if you are international to them. However, it's a great time. London is a fantastic city. 10/10 recommend

Feb 28, 2020
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